| Previous Close | 0.898 |
| Open | 0.898 |
| Bid | N/A |
| Day's Range | 0.898 - 0.898 |
| 52 Week Range | 0.89801 - 0.89768 |
| Ask | N/A |
- FX Empire•yesterday
Euro Strong During Week of ECB Meeting
The euro was strong during the past trading week due to the statement of the European Central Bank, which market participants considered to be hawkish. The pair finished the previous week at 1.1664. Comments of ECB President Mario Draghi after the policy meeting had something both for the doves as well as for the hawks. Yet markets focused on the hawkish part of his speech, believing that the mention of quantitative easing discussion in fall means that … Continue reading Euro Strong During Week of ECB Meeting
FX Empire•2 days agoEUR/GBP forecast for the week of July 24, 2017, Technical Analysis
The EUR/GBP pair broke out to the upside during the week, slicing through the 0.88 level yet again. As we are closing towards the top of the candle, it looks likely that we are not only going to test the 0.90 level, but we may be able to break above it this time. Because of … Continue reading EUR/GBP forecast for the week of July 24, 2017, Technical Analysis
- FX Empire•3 days ago
Euro Rallies after Mario Draghi Speech and ECB Rate Decision
The euro rallied higher against its main counterparts today after the European Central Bank Governor’s speech on the bank’s rate decision. Mario Draghi‘s speech was a commentary on the ECB’s future outlook after it announced that it would maintain its current interest rates and its quantitative easing program. The EUR/USD currency pair rallied by over 90 points during and after Mario Draghi’s speech as he took on a slightly hawkish tone. The EUR/USD currency … Continue reading Euro Rallies after Mario Draghi Speech and ECB Rate Decision
